Major Rating Factors:
Fair current capitalization (3.7 on a scale of 0 to 10) based on a net capital to total assets of 5.9 and a net worth ratio of 8.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 9.8 percent of nonperforming loans to core capital contributes to the Good asset quality (6.5). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 0.3 has resulted in Good (5.4) profitability.
Asset Mix:
Consumer loans (37%), home mtgs (15%), comm loans (4%), other (44%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
155 Washington Avenue
Bremerton, WA 98337
Bremerton, WA 98337
Phone Number
(360) 662-2000
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Richland, WA
Liberty Lake, WA
Olympia, WA
Spokane, WA